OCCIDENTAL PETROLEUM CORP /DE/
OCCIDENTAL PETROLEUM CORP /DE/ (OXY) Stock News
The latest OXY headlines and market coverage — 2 recent stories, updated throughout the day.
- Benzinga·Neutral
YieldMax® ETFs Announces Distributions on BIGY, RNTY and SOXY
YieldMax® announced distributions for three Target 12™ ETFs (BIGY, RNTY, SOXY) seeking to generate income with a 12% target annual income level. BIGY distributed $0.5397 per share, RNTY distributed $0.4989 per share, and SOXY distributed $1.0211 per share, all with ex-dates of 6/3/26. The announcement includes significant risk disclosures regarding call writing strategies, distribution variability, and potential capital loss.
- The Motley Fool·
Brent Crude Is Up 85% Since January. OXY, XOM, and CVX Are Playing It Very Differently.
Despite Brent crude oil rising 85% in 2026 due to Middle East geopolitical tensions, Occidental Petroleum, ExxonMobil, and Chevron benefited unevenly in Q1. Timing of the oil price spike (occurring mainly in March), regional exposure differences, and hedging activities created headwinds. Oxy beat expectations with $1.06 EPS vs. $0.59 expected, while Exxon earned $1.16 vs. $1.01 expected and Chevron earned $1.41 vs. $0.97 expected, but both faced significant hedging charges. Q2 expectations are substantially higher.